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  • Health law’s heavy impact (Money Grab: 3.8% Real Estate Sales Tax in Health Care Bill)

    05/13/2010 3:47:46 AM PDT · by quesney · 40 replies · 3,504+ views
    "Tax on Home Sales. Imposes a 3.8 percent tax on home sales and other real estate transactions. Middle-income people must pay the full tax even if they are “rich” for only one day – the day they sell their house and buy a new one." ------------ In the days leading up to the dramatic late-night vote on President Barack Obama’s health plan, Speaker Nancy Pelosi said, “We have to pass the bill so that you can find out what is in it …” Now that ObamaCare has passed, it is slowly dawning on people what the new law means for...